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Paradigm to Unveil its New, Cloud-based Production Management Solution and Present Enhancements in Reservoir Characterization, Modeling and Engineering at 2017 SPE ATCE

Demonstrations will feature Predictive Production Modeling, Geomechanical Gridding, and Production Log Analysis

(HOUSTON: September 26, 2017) Paradigm® (www.pdgm.com) will introduce its new Production Management solution and showcase its latest high-definition workflows for Reservoir Characterization, Modeling and Production Engineering, at the 2017 Society of Petroleum Engineers Annual Technical Conference and Exhibition in San Antonio, October 9-11. The official launch of Paradigm’s Production Management solution will take place at Paradigm booth #3163 at 9:30 AM on Monday, October 9th. Conference attendees are invited to join the launch event and attend other demonstrations that will showcase advanced SKUA-GOCAD™ modeling, the Geolog® formation evaluation system, and the Interpret™ well test interpretation solution.

The launch will introduce users to Paradigm’s new Production Management solution, providing unprecedented speed and a holistic view of physical and virtual measurements built on reservoir physics-based predictive analytics. Additional demonstrations of the new solution will be held throughout the show, together with presentations of SKUA-GOCAD (Data Aggregation for Predictive Modeling and Advances in 3D Gridding Technology) and Geolog 8 (Production Log Analysis).

Paradigm and Dassault Systèmes will jointly present a paper in the SPE Technical Program,

“Optimized Grids for Accurately Representing Geology in Geomechanical Simulations”. Details regarding the booth presentations and technical paper are available on the Paradigm SPE event page.

“It is fitting that we’ve chosen this year’s SPE conference as the forum for introducing our new Production Management solution to the Petroleum Engineering industry,” said Indy Chakrabarti, senior vice president of Product Management & Strategy. “Visitors to the show will be the first to see our Cloud-based, collaborative toolbox for Production and Reservoir Engineering. Of course, we will also be showing enhancements to our tried-and-true reservoir characterization and engineering solutions, aimed at providing our users with enhanced efficiency, lower costs, and more control over risks.”

Paradigm (www.pdgm.com) is the largest independent developer of software-enabled solutions to the global oil and gas industry. Paradigm easy-to-use technology and workflows provide customers with deeper insight into the subsurface by combining leading-edge science, high performance desktop and cluster computing, and scalable data management, delivering highly accurate results and productivity without compromise.

The following are trademarks or registered trademarks of Paradigm B.V. and/or its affiliates and subsidiaries (collectively, “Paradigm”): Paradigm®, Paradigm logo and/or other Paradigm products referenced herein. All other trademarks are owned by their respective owners.

Editor’s note: To schedule an interview time with Paradigm’s Indy Chakrabarti about this new production-driven offering, or for a high-resolution image, call Virginia Brooks at 214-923-5859, or email virginia@brooksandassociatespr.com.

“Paradigm k is the latest addition to our rapidly expanding offering of solutions for production management,” said Indy Chakrabarti, Paradigm’s senior vice president of Product Management. “The Paradigm k technology provides unprecedented speed and a holistic view of physical measurements and critical production performance metrics at the resolution of individual wells. This helps detect production issues before they transpire, and enables truly proactive production management at the speed of today’s oilfield operations.”

Paradigm (www.pdgm.com) is the largest independent developer of software-enabled solutions to the global oil and gas industry. Paradigm easy-to-use technology and workflows provide customers with deeper insight into the subsurface by combining leading-edge science, high-performance desktop, cluster and cloud computing, and scalable data management, delivering highly accurate results and productivity without compromise.

The following are trademarks or registered trademarks of Paradigm B.V. and/or its affiliates and subsidiaries (collectively, “Paradigm”): Paradigm®, Paradigm logo and/or other Paradigm products referenced herein. All other trademarks are owned by their respective owners.